Chainstink OCR

[Anonymous No.29400147]

So while everyone is AAAAAAAAA posting and panic selling can someone help me better understand ChainStink's current development position:

>OCR allows running chainlink nodes to become actually profitable, resulting in node-owners selling less thereby decreasing the sell-pressure we've seen all bullrun
>We should expect that this would result in more bullish movement until BTC decides to shit the bed completely like in 2018
This is correct right? How much do you guys think this will actually affect price action over the next 2-ish months? When is this update due to be implemented? How can I follow things more closely, do I just look at github since sergey doesn't ever communicate updates?

[Anonymous No.29400354]

just buy and hold bud. Link is probably one of the three legit projects in the space that has real staying power.
trade shitcoins for their 10x pumps and then cash out into link

[Anonymous No.29400707]

the fact that its not a pump and dump shitcoin is amazing , just buy and hold

[Anonymous No.29400722]

>>29400354
Well that's what I've been doing with no plans to sell anytime soon though I've been swinging a bit and made some gains. I'm pretty late to the game here, bought at ~$14 2 months ago but just want to better understand how people think OCR will impact price and the project as a whole.

[Anonymous No.29400842]

>>29400147
yeah, the idea is the selling pressure should ease. more use, more bullish, but this is an irrational market and fundamentals alone don't matter as much. If bitcorn can climb steadily or go sideways a bit that will be good for alts, but at this point I'm hoping for some unignorable news be it staking, big usecase scenario, etc. properly timed it should be the fuel link needs, but regardless you should be looking to sell at the top of the market no matter links price, which isn't here yet but certainly will be in the not terribly distant future.

[Anonymous No.29401237]

>>29400842
I've only really been watching RHOLD ratio and Pi cycle top indicator as proxys for when to sell, anything else you recommend checking out?
I only heard about the OCR development because of threads on /biz/, is there a better place to look for development news?

[Anonymous No.29401277]

>>29400147
>price action
probably not much. no genius, but i think link is still generally coupled with big daddy btc.

>When is this update due to be implemented?
i'm pretty sure OCR is up and running now.

>How can I follow things more closely
i guess watch github and continue to rail the opium that this Mongolian basket weaving forum provides

[Anonymous No.29401407]

>>29400842
>you should be looking to sell at the top of the market no matter links price, which isn't here yet but certainly will be in the not terribly distant future
lol please just sell your link now.

[Anonymous No.29401720]

>>29401407
I really don't understand this about LINKfags, why would you hold through an obvious dip in the market, especially something as large as a BTC dump cycle. Why not increase your LINK bags?
Are you really telling me if you have 3+ technical indicators that would've informed you that there was going to be a 20% dump this weekend you wouldn't have sold on Friday and bought back in today? It makes no sense.

[Anonymous No.29402053]

>>29401720
NOT FUCKING SELLING YOU FAGGOT

[Anonymous No.29402345]

>>29401720
Because I'll get taxed on my profits with no guarantee that the price will even drop substantially, and the long term investment clock will be reset for me making further sales taxable at a higher rate.
I've held since December 2017. Not fucking selling.

[Anonymous No.29402473]

https://news.reputation.link/article/off-chain-reporting

[Anonymous No.29402682]

>>29401720
Because of tax you stupid cunt. I’m beyond convinced that you dumb pricks who never seem to account for this factor are either Indians or actual retards (what’s the difference)

[Anonymous No.29402857]

>>29401720
>why would you hold through an obvious dip in the market
you don't really get it at all, that's clear so you don't need to clarify. the reality is a vast majority of us bought in under $1. you likely weren't around for AB, you probably never held this shit through a bear, and you probably aren't familiar with how chainlink will sporadically pump to ATH with no warning.

>Why not increase your LINK bags?
never selling isn't a meme. you are witnessing the dawn of a golden age of DeFi, staking, and the transfer of wealth from a centralized to a decentralized financial system. if you really believe in chainlink, you'd know your chainlink stack is your ticket to the garden of Eden that is financial decentralization.

>you wouldn't take a 20% profit if 3+ meme lines told you number go down?
nah i'm good. i'd rather just continue to buy dips, watch the market, and research who is going to give me the comfiest staking returns for my FAT chainlink stack

[Anonymous No.29403157]

>>29400147
>quotes say Chainlink
>OP's text repeatedly says Chainstink
Fuck off. Arbitrum is a long way off. Without OCR, there'd be nothing to help LINK for months.

You'll know if it did anything in 3 weeks. That is when the current dumping wallet is 500000 tokens short of the 1.5M dumping and either a new one activates and shows us that the subsidy dumping was about profit taking and will go on forever, or we'll see that the dumping was about the project and might relent long enough for some growth in the token's value.

[Anonymous No.29403339]

>>29401720
>bags
Bags used to be a term for positions that were emotionally harrowing to carry because they'd gone down and become "heavy" on the heart. Calling all positions "bags" is new faggotry brought about by ESL and people too stupid to tell the difference between a gain and a loss.
We can't expect you to understand.

[Anonymous No.29403861]

>>29402345
>>29402682
>tax
Sorry I don't live in a 3rd world shithole with brown people anons. Maybe Yellen will go easy on you and only tax you 30% instead of 40% for gibs to other races.

[Anonymous No.29404069]

>>29400147
0.10.0 should be released today

[Anonymous No.29404122]

Anons don’t understand how big OCR is. The best part: it’s already starting, apparently some feeds are using OCR as we speak

[Anonymous No.29404156]

>>29403157
he’s presumably referring to sidechains

[Anonymous No.29404306]

>>29403861
I live in the US

[Anonymous No.29404531]

>>29404306
Yes, like I said, a 3rd world shithole for brown people with high tax rates due to the presence of said brown people.

[Anonymous No.29404544]

>>29401720
He's still risking his link stack to try to get more links.

[Anonymous No.29405058]

>>29404069
Based on what? Will they make an ocr announcement finally?

[Anonymous No.29405219]

there isn't a lot of sell pressure coming from nodes. they in total get maybe 40-60K link a day, that's a below average 15 minute candle on binance.

[Anonymous No.29405476]

>>29401720
TA doesn't work dude

[Anonymous No.29405574]

>>29404531
And where do you live?

[Anonymous No.29405582]

>>29401720
>20% dump this weekend you wouldn't have sold on Friday and bought back in today?
correct, 30% taxes here

[Anonymous No.29405719]

>>29401720
>telling me if you have 3+ technical indicators that would've informed you that there was going to be a 20% dump this weekend
As if there are technical indicators that aren't just right from time to time on pure chance. Everyone got caught with their pants down this time.

[Anonymous No.29405845]

Dip is over boys

[Anonymous No.29406926]

>>29401237
Mvrv z score and relative unrealized p/l on lookintobitcoin are both really good

[Anonymous No.29407576]

>>29401237
>Pi cycle
when it's the top

[Anonymous No.29407988]

>>29400147
this is also why staking wasnt released yet
why have staking when nodes arent profitable yet?
now the gates are opening

[Anonymous No.29408283]

>>29401720

>what are taxes

[Anonymous No.29408495]

just woke up and everything is kind of the same....good thing I was asleep during that $24 dump.....Shit would have ruined me